小资女向前冲（大马股市）

业务

- PWF是做poultry business业务有

• Broiler Farming (肉雞養殖)
• Feedmill （饲料厂）

        >produces around 19,000 metric tones of feed per month

        >Production is fully automated

• Breeder farming

        > with temperature-controlled and automated feeding & drinking system

• Layer farming

        >the farm is mostly automated and equippend with the latest in poultry equipment technology

• Grains,agricultural nutrient trading and repackaging (原產品貿易和農作物重新包裝)

        > Mostly grains traded include corn,soybena meal, wheat and corn gluten meal

        > Import animal nutrient products,vitamins,minerals,antibiotics and other feed additives from overseas including China,India,Korea,Indonesia and Eastern

           Europe and distribute to local livestock and aquaculture industries

FS 分析

- 截至2016第三季， PWF的业绩已经超越去年全年的业绩

- Gross profit margin 8.5%

- Net profit margin 4.2%

- borrowing RM94,XXX,XXX

- Cash and bank balance RM5.6m

- Revenue 比去年同一季高出14.5% 主要是因 increase in both sales volume and selling price of broiler

- Profit before tax高出61% 主要原因是 higher sales volume of broiler and improved profit margin due to higher selling price of broiler and improved performance in layer farm.

- PWF profit高是因为increase in sales volume and selling price, 好事啊

2015年报

- 从年报可以知道PWF在增加capaicty,有效的控制成本

- weak ringgit will increase cost of import raw material

- Cash and bank balance 全数以马币计算

-Trade payable 10%以美金计算

-PWF是以Hong Kong dollar and USD dollar purchase raw material. For USD dollar,PWF use foreign currency forward contracts to hedge

股价分析

- 死亡交叉

-目前股价RM0.76

Commodity price

感想：weak Ringgit will negative impact PWF,cost of imported raw material increase

***本人还是新手，记录投资分析的目的是想写下想法，方便我以后看罢了***